Brazil Delays High-Speed Train Project

Brazil's government on Monday said it has pushed back by at least one year the auction of licenses to build and operate the country's first high-speed rail line.

By

Paulo Trevisani And

Paulo Winterstein

Aug. 12, 2013 9:37 p.m. ET

BRASILIA—Brazil's government on Monday said it has pushed back by at least one year the auction of licenses to build and operate the country's first high-speed rail line, in the latest setback to a program aimed at expanding its transportation network and encourage faster economic growth.

The bullet-train project is one of the most ambitious parts of the government's plan to invest $235 billion over the next decade in transportation...